We've had two comics break the million dollar mark this past month, and it would seem a good time to look at investing in comics. Commodities are hot right now, as they are a sure thing that one can hold onto, appreciate, and watch rise in price. These collectibles are great investments in that we can own a piece of history, hold a piece of the character we love and hold dear, and watch our investment grow.
With that being said, be careful. Don't rush out there and buy up "old" comics just because they might be worth something. Do your homework. Check sites like eBay, Heritage Auctions, and Comic Seeker to get a good idea what they are going for now. If you want to take a risk, buy a comic that is not CGC graded as they normally sell for less, then get it CGC graded. The big thing to be careful about is fad comics or comics that spike in price for one reason or another.
Take Captain America #25 for instance, this comic was selling for hundreds of dollars when it first hit. Mainstream media picked it up on a feeding frenzy was birthed. You can now get the same comic for a couple of bucks on eBay and I've seen a 9.8 graded copy go for $40. Keep in mind it costs at least $17 to get it graded, not including shipping.
There are many ways to make your money grow, but the cool thing about comic books is the connection we have with the product. This can be a danger though, so keep a level head when seeking comics to invest in.
Comments
Aaron- Thanks for this post. I collected comics in the 80s prior to the advent of CGC and have a small stash of nice comics (and a large stash of junk!). Can you tell me the best way to get a comic certified and why you should or should not do so? Thanks, and keep up the great work!
Good article. I’ve some high quality comics that I’ve collected over the years that I’m cataloging for liquidation. I’m uncertain as to whether to go with CGC or PGX for certification? Any ideas?